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Online gambling industry on the rise
 November 18, 2008, 10:36 am (3 years ago)You might be misguided to believe that what with the UIGEA emerging on the US and Kentucky’s latest commotion concerning online gambling, the business is looking austere.
But if you look at the online casino software designer Playtech’s most recent numbers, it will give you a different point of view towards the industry. The online gambling business is jumping high – the reports for the 3rd quarter show a fast pitch in income.
'This has been an additional strong quarter for the group in what is usually the slowest period of the year. The inclusion of new licensees together with organic growth throughout the period has caused constant increase through all business divisions,' explained Chief Executive Officer for Playtech, Mor Weizer of their enlarged growth.
Incomes from poker boosted 60 percent to $9.5million but casino income went up to $26m, way over the $15.2 given last quarter.
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